Focus Financial Partners Inc reports results for the quarter ended in June - Earnings Summary

Focus Financial Partners

05/08/2023 10:18

* Focus Financial Partners Inc  FOCS.OQ  reported quarterly
adjusted earnings of 70 cents​​ per share for the quarter ended
in June. The mean expectation of seven analysts for the quarter
was for earnings of 96 cents per share.
    * Revenue rose 8.3% to $583.81 million from a year ago;
analysts
expected $577.90 million. 
    * The mean earnings estimate of analysts had fallen by
about 4.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Focus Financial Partners Inc shares had fallen by 0.4%
this
quarter and gained 40.3% so far this year.
    * Wall Street's median 12-month price target for Focus
Financial
Partners Inc is $53.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 5 at 09:17 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.96           0.70           Missed
 Mar. 31 2023      0.97           0.89           Missed
 Dec. 31 2022      0.91           0.99           Beat
 Sep. 30 2022      1.01           1.06           Beat